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Section 8 company helps you setup an NGO to help people. It is ideal business structure for NGO’s and Non Profit Organizations. Register your Section 8 company with our best quality and highly professional services, available at the most reasonable prices.
(Simple & Clear Pricing. No Hidden Charges)
(All you need to know)
The concept of such companies was introduced in Companies Act 1913 that permitted companies with charitable objects etc. to be registered without the words ‘Limited’ or ‘Private Limited’. Section 8 continues to provide for restriction on application of profits and permits the same only for the purpose for which the company is promoted, prohibits declaration of dividend, continues to permit partnership firms to be a member of section 8 companies etc. 2013. Act elaborates on the objects for such companies and specifies objects like sports, education, research, social welfare and protection of environment for which the Companies can be formed under this section.
Ideal business structure for NGO’s and Non Profit Organization
Tax exemptions
No minimum capital requirements
No stamp duty require
Easily gathering donations
Easily manage due to several privileges
Following Documents are required for Section 8 Comapany :-
Taxtorium can help you in obtaining Section 8 Company Registration in India. All you need to do is place an online order with us and we shall help you start it in no time. Your order shall be processed by our highly qualified team who shall ensure that the best quality services are provided to you. As mentioned earlier, our process of private limited company registration is completely online so there is no need for you to visit our office. Please do contact us for any clarifications you need.
Once we receive your request an expert reaches you, explains the whole process, and collects the necessary documents. The documents can be submitted online through our Taxtorium website.
We can apply for two proposed names and one Resubmission while Reserving Unique Names for companies through the RUN web service. In case the name gets rejected after resubmission, a fresh application is needed to be made.
In parallel to this the process to obtain the Digital Signature Certificate of the applicant begins. Once the DSC is applied, the applicant has to complete the OTP Verification or the video KYC check.
Documents Need :- Aadhar Card, Pan Card, Photo, Email Id, Phone Number
It is a unique identification number of the director issued by the Registrar of the companies for becoming a director in India. If the proposed director already has an approved DIN then that will be used and if the proposed director does not have an approved DIN then DIN will be approved simultaneously with Registration of company.
For Incorporation Form INC. 32 is to be filed with the Registrar which contains the following :
On verifying the Registrar of Companies will issue the Certificate of Incorporation and the business can be commenced.
Call us at: +91 820 956 9514 or
Email us: info@taxtorium.com
Can a Section 8 Company be Listed?
A Section 8 company cannot be listed since its purpose is to not to generate profit – an aspect a listed company has to adhere to.
Can a Section 8 company raise Foreign Funding?
Foreign donations are allowed only when FCRA (Foreign Contribution Regulation Act 1976) registration has been done. FCRA license can only be applied after 3-years from the date of registration. However, if some really urgent foreign donations are necessary, then you may apply for a prior permission from the commissioner.
What are the tax benefits that a section 8 company can have?
A Section 8 company can avail a number of tax benefits, including:
Can a section 8 company receive donations?
Yes, a section 8 company can receive donations in India.
Which is better between society trust and section 8 company?
It all depends on your purpose. However, in most instances, a section 8 company is a much better choice.
Can a Trust become a member or shareholder of a Section 8 Company?
Yes, only if it is a registered trust. An unregistered trust cannot become a member of the section 8 company.
Can a Section 8 Company do business?
A section 8 company only exist to conduct not for profit activities. Thus, no, a section 8 company can’t do business
We have packages starting Rs. 12999/-
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